The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-06
SUGAR IN POLITICS
~ u Mere importance Than Leagues.
Provinces aud Prirces.
THE Part II viii Play I'm European
AGairs viii Net sweeten
Diplomacy.
IsekoIAL TO rHE AprrAL.I


Diplomacy.
IseEoIAL TO rHE AprHAL.i
NEW YoBK, September 5.-Sugsr Is
about to play lsrgs part in EUROPEAN
politieJ, though it may not sweeten it.
Rngland has iovitsd all the European
nations 10 send representatives to sn |
international conference to reach some |
basis OF common sction with regard to |
bounties on beet sugar. AustTis,
Hungary, Germany, Holland, Italy,
Spain and Denmark have stsented to |
the prop ,eitiop, and France, Russia
and Portugal srs yet 10 be heard from.
And this is q more important matter
to the treaturies of many OF these gov.
ernments than most political qusrreIs
and alliances that fill so large place
IN debate aud In dispatches. Tho his
tory OF bounties on beet sugar is, In
fact, one Of the most important chap
ters In recent European economics
and politics.
IL is an interesting fact that the cul-
tivation Of beet sugar got Its first start
BY the
ACT WITTY OF TIE FIRST NAPOLEON.
Jealous Of the colonial progress OF
Holland and Great Britain, from
whose colonies france got most Of
her sugar, he offered large bounty
upon all sugar produced from beets'
Later Holland and Bslgium granted
similar bounties, ard thus entered
into competition with France. The
bounty man a sprt al from one country
TO another On ii 1T last every country
in Europe where bees could bs cul
tivated, except Great Britain, granted
subsidies. IL wac not, however, until
1850 hist the great imp tus was given
TO It's production. 10 fvs wears the
production rose from LAOS 029 to
2,545, 766 tons. Such large increase
was too much for the demand, and
prices fell to below the cost OF pro.
duction. During the FIVE years prevl-
Gus to 1885 lsrgs profits were made in
Germany and Austria, as much az 90
per cent brirg paid on the invested
capital Germany 10 1855 produced
1,l55C00 tone, sRaiDst 30S 400 by
France. German sugar found its way
into france and uaI ersold the native
product, thus turning the tables upon
her. The sugar interest pIohiing by
rHR ANTIaEBnAs ysKLISo
induced the French Government TO
place a pTohibilory tax upon all Tor.
eign sugar, and NJ tho same TINS 10
grant much larger bounties to the
~Frerch pro ucer; also 10 eugar grown
in FreIch colonies. Toe effect oil
this increased bonrtv was 10 increase
the product from 900 400 tons In 1885.
IS 10 300, 900 tons Ia 1856 81. la some
saoes the bounty reaches to hall the
value Of sugar. Germany found that
sugar bou1ties did not pay. fhe In.
creased proc uctiOn did not benefit
either the Germsn producer OF beets
or tho tuesr Tthner, while the tax
levied upon sugar Consumed in Ger.
many in order To pay bounty on ex'
ported eugar wtign,d heavily upon
the consumer. IL was conceded that
the bounty and even more had TO be
given away principally to British con.
eumers IN order TO induce them to
take the oyeiplus. Thus the Gil, co.,
90 paid by tie German government
for exported ensar went into the
Britth con.unef's pocket. OF course
the American consumer ben, flied by
low prices eaustd BY bouEty fed su.
gsr. All tbUae governments would
Ike 10
LBoLuH THEIR pousTiEs,
but hey cannot. The French Govern
meni, for instance. would be glsd 10
SEE bonntiee abolished, Tor the drain
uron the tTI asury IL too much Tor the
country 10 bear. Toe govern msnt,
hoWeyer, ia sfrald o. move q iiseli,
because IT. q eUgar industry hss a strong
hold upon the q, ople. But Il he mat.
Yer could be stt,ied b. an International
sorRteBe the responsibility would be
removed. he hnuouncems nj by the
Rnglish doverBn mt that II some SAL
isiaciory solution Is not arrived at II
will be prepared 10 recommend tat
all bounty fed sugar shall be tsxed 10
the e1teut II the bounty received,
while all other sugar will be admitted
free, has had a vy important effect,
because, II the ihfeal were 10 be car
ried cut, 10 w-ud co,e the market,
uh'ch has hitherto tafen 90 per cent
OF the surplus beet sugar exported
from tie continent of roe. II will
thus be feen that diplomacy and poi
tics have b en- mors or LEES mixed with
tie sugar q los'ion for the pact hall
century, aud fom purely economic
point ~ vie a IL now really q more i'm.
poitaut Qisstion than the pfoclama
iion Of tie Irish l. sgue or the govern
meut OF Alface LpuA ne.
oAsBLhRs IN suaAR
hsye naturally tAksn advantage Of Cd,
polite, Of thu sut CT, and aic,ua
|. tons may he trpected In the bee
producl t,hd q thtee are large enough
In the tape product aleo) until THU
bounty question 10 eettled, or nj lels
ceAsse 10 be- discnsed. And the hre
corner that has ever been made Ia bee
sugar 10 now "on."
August beet has been eornered Il
London. AZ high a. l7s Sd was a, he,
lot ptompA b'hfttJ hhe ututf Jay buCl
Aquo,siion being tbs highest seen Il
yeaIs, ard nearly q cent poun,
above September sugar. To the trad,
and 10 TIE cob6umsr the importauc
OF q rise In beet sug,r is very impoI
liant, 80 ih.s kird c Institutes over hs
the aorld's production, or more col
r,ctly, the product OF the countrIe
which sxDoIt tugAr. Tito total pre-
duction n exporting countries ia
yeir aggregated is9S,0O0 tons, at
Of this qus1tiiy 10000 ton
were made from bsets. tn
uslrKDtrATR rEn CAPITA ooSiuxPno
isat pr'sent ahont $40 pou'd,, an
that q The Uniled Kug lom ~
pounds. Any iiso In the value Of ~
gar concerns tCe consuueTa OF III